Originations

An Astoria Financial investor is demanding that the Lake Success, N.Y., company explore a possible sale or other ways to increase shareholder value.

NorStates Bank has selected HomeBridge Financial Services to provide origination of residential mortgage loans.

United Guaranty Corp.'s second-quarter pretax operating income fell 25% from a year ago due to a less favorable adjustment to its loan loss reserves.

LendingTree posted record revenue during the second quarter, leading the company to upwardly revise its full-year guidance.

Guaranteed Rate's Oren Orkin explains how helping real estate agents host their open houses has led to new referral relationships and increased mortgage business.

Commercial real estate borrowing and lending continued at a strong clip in the second quarter, according to the Mortgage Bankers Association.

Guardian Mortgage has named a Bank of America executive to succeed Marcia Phillips as chief executive.

Banks are seeing stronger consumer demand for credit for a range of products, including residential mortgages, auto loans and credit cards, according to a Federal Reserve Board survey of senior loan officers released Monday.

Unlike in personal loans, where Lending Club saw an opportunity to lower the cost of consumer credit card debt, in mortgages, the play is not in providing lower-priced credit, but rather in removing friction, Renaud Laplanche says.

Most real estate agents and home builders have heard about the new mortgage disclosures that take effect Oct. 1 but are light on the details, and many of the lenders they rely on lack sufficient understanding to help them.

Lenders said the delay in implementing the combined loan and closing disclosures is giving them valuable added time to train their staff, according to a DocuTech survey.

Regardless of recent activity, marketing services agreements can be legal if lenders find the proper formula to follow.

CIT Group has completed its acquisition of OneWest Bank in Pasadena, Calif.

Fidelity National Financial has recapitalized ServiceLink Holdings, increasing its ownership in the transaction services company.

Investors Bancorp reported higher second-quarter profit on expanded multifamily, commercial real estate and business lending, as well as lower expenses.

Mortgage professional hiring and new job appointments for the week ending July 31.

Ellie Mae reported higher profits in its second-quarter earnings. With net income of $7.6 million, its profits rose 62% from the same period in 2014.

Wells Fargo is ending some marketing arrangements with real estate firms and home builders over concerns about regulatory scrutiny.

The Department of Housing and Urban Development found recently that a Federal Housing Administration down payment assistance program translated to higher mortgage rates for borrowers.

The Federal Housing Administration is expected to rebuff a government watchdog report that blasted down payment assistance programs. The report has raised concerns that mortgage lenders would have to indemnify FHA for past loans, and that housing finance agencies would have the programs restructured.